Acquisition authority definition
Acquisition authority means the dollar amount within which a state agency is approved to make acquisitions without submitting a requisition to the State Purchasing Director.
Acquisition authority or "acquisition threshold" means the dollar or value amount within which a state agency is approved to make acquisitions without submitting a requisition to the OMES Purchasing Division.
Acquisition authority means the dollar amount within which an institution is approved to make acquisitions without submitting a requisition to the A&M CPO.
Examples of Acquisition authority in a sentence
General Services Administration: ● Acquisition authority including the ability to establish governmentwide contracts per 40 U.S.C. § 501(b)(1)(A), 40 U.S.C. § 502(a), and 41 U.S.C. § 152(3).
More Definitions of Acquisition authority
Acquisition authority means the authority to approve requests for the acquisition of goods or services.